Gabriel

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hose focus is international finance, said that “one shock that is concerning me a great deal

at the moment is the turmoil in Hong Kong”, which could affect growth in China and Asia generally.官网—亚博国际在线娱乐千花网

“These are not segmented regional effects, these have really gl

obal consequences,” she said in an interview with Bloomberg Television on Friday, a

官网—亚博国际在线娱乐千花网ding that this “could be a tipping point that could trigger a very significant global slowdown, or even recession”.

Jia Jinjing, assistant dean of the Chongyang Institute for Finan

cial Studies, said the escalated riots in Hong Kong pose an increasing hazard to the city官网—亚博国际在线娱乐千花网女神会所

‘s prosperity and are “dealing irreversible harm to Hong Kong’s ability to build up and shape its credibility”.

Hong Kong’s role as a bridge in channeling foreign dir官网—亚博国际在线娱乐千花网

ect investment to the Chinese mainland is “faced with risks of being diminished”, Jia warned.

Lam, the Hong Kong chief executive, urged people from all walks of life on Tuesday to bring back order and tran

官网—亚博国际在线娱乐千花网女神会所quility, saying the SAR government will continue “zero tolerance” toward all violent behavior.

China took the top spot at the 45th WorldSkills Competition held in Kazan, Russia, on Tuesday.

China finished the competition with 16 gold medals, 14 silver and 5 medals in total, putting China at the top of the m官网—亚博国际在线娱乐千花网

edal rankings, according to the final tally announced at the closing ceremony on Tuesday night.

Launched on Aug 22, the week-long event saw over 1,300 competitors from 63 countries and regions.官网—亚博国际在线娱乐千花网女神会所

China participated in the competition for the fifth time since becoming a member country of WorldSkills International in 2010.

The biennial competition, dubbed as the Olympic Games for skilled workers, will be held next in Shanghai in 2021.

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Jason Yu, general ma官网—亚博国际在线娱乐乌托邦arket consultancy Ka

ntar Worldpanel China, said the quality and good prices of Costco’s food products are a major

attraction to Chinese consumers, as the demand for such products has grown. The retailer could bol官网—亚博国际在线娱乐乌托邦品茶微信

ster its fresh food offerings to increase their customer retention rate here, Yu said.

官网—亚博国际在线娱乐乌托邦”As Chinese consumers put more stress on healthy products and higher living standar

ds, the retail industry’s growth has remained robust in China and the momentum will continue,” he said.

Wang Caidi, 57-year-old retiree in Shanghai, left the store with avocados, cheese, m官网—亚博国际在线娱乐乌托邦品茶微信

ilk and a pizza. She said quality foods enticed her to travel the 40 kilometers to the store.

“The products are of good value. I may come here one month later when it is less crowded,” she said.

官网—亚博国际在线娱乐乌托邦Membership at Costco Shanghai has been available since July 1, with an annual membership

card priced at 299 yuan ($42). The company put its Chinese membership at over 120,000.

The store, with a shopping area of 14,000 square met官网—亚博国际在线娱乐乌托邦

ers, is located in suburban Minhang district, nearly 30 km from the city’s center.

Richard Zhang, Costco’s senior vice-president for Asia, said on A

官网—亚博国际在线娱乐乌托邦品茶微信ug 20 that the location was influenced by the presence of seven international schools i

n the area, indicating a large group of middle class consumers who are Costco’s targets.

He also said that the market has matured sufficiently for Chinese consumers to be “ready to pa官网—亚博国际在线娱乐乌托邦

y for a membership card”. Little effort was spent on educating the market about membership.

Costco is the world’s largest membership-only re

官网—亚博国际在线娱乐乌托邦品茶微信tailer. Walmart, the world’s largest retailer, has opened 26 membership-based Sam’s Club stores in Ch

ina. The latest opened in June in northern Shanghai, only 10 km from the Costco outlet.

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of Confucius classes官网—亚博国际在线娱乐夜生活ia ‘deeply regretted

Headquarters in Beijing says move is a blow to bilateral education cooperation

The Confucius Institute Headquarters said it deeply regrets a decision by the education department in Australia’s most p官网—亚博国际在线娱乐夜生活

opulous state to end a Chinese-language education program in its public schools and ho

官网—亚博国际在线娱乐夜生活女神会所pes the New South Wales government will not politicize normal bilateral cooperation in education.

“We hope the NSW government will give more consideration to the negative infl

uence of closing the Confucius program on the state’s Chinese language education官网—亚博国际在线娱乐夜生活

and its education cooperation with China,” the Confucius Institute Headquarters said in a statement on F

riday, adding it would take necessary measures to safeguard its rights and interests.官网—亚博国际在线娱乐夜生活女神会所

In May last year, the department ordered a review of foreign government or o

官网—亚博国际在线娱乐夜生活rganization support of language education in NSW government schools.

Though no evidence of “actual political influence” was found by

the review, it said the Confucius Institute established within the department “官网—亚博国际在线娱乐夜生活女神会所

is or could be facilitating inappropriate foreign influence in the department”.

The department said it had decided to end its cooperation with the Confucius Institute pr官网—亚博国际在线娱乐夜生活

ogram at the end of the 2019 school year, which would terminate the Confucius Classroom prog

官网—亚博国际在线娱乐夜生活女神会所ram in 13 public schools across Sydney and on NSW’s mid-north coast.

Instead, the NSW Department of Education will invest A$1.2 million ($810,0

00) to continue teaching the Chinese language in the 13 schools, it said, adding tha官网—亚博国际在线娱乐夜生活

t 15 percent of the pupils learning Chinese in NSW public schools were doing so in Confucius Classrooms.

The Confucius Institute Headquarters, which is based in Beijing, said the program wa官网—亚博国际在线娱乐夜生活女神会所

s established in the spirit of mutual respect, friendly consultation, equality and reciprocity. It also said the co

operation involved was open and transparent and adhered to laws and regulations.

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Since the founding of官网—亚博国际在线娱乐会所e’s Republic of Chi

especially since reform and opening-up, China has made remarkable achievements

and solved many problems, including poverty alleviation, food problems and security iss官网—亚博国际在线娱乐会所

ues that made significant contributions to building a moderately prosperous society in all respects.

官网—亚博国际在线娱乐会所品茶微信China’s successful development won world-wide applause as the peace

ful rise of China did not intervene in the internal matters of other countries, as it has the tr

aditions of cherishing peace and harmony and it never seeks to pillage others or establish a sphere of influence.官网—亚博国际在线娱乐会所

On its 70th anniversary, China is blessed with enlivened people, breathtaking development, animat

ed society and elevated international prestige, making it the focus, the wonder and the envy of the world.官网—亚博国际在线娱乐会所

The Chinese people are more confident and more capable of reaching the goal of national renewal than ever before.

官网—亚博国际在线娱乐会所品茶微信What we have observed about the Chinese nation is that the ruling ideology of the CP

C solved the problems of livelihood by realizing common prosperity.

The services of the CPC for society lead the people to tap into their full potential; the collective objective was to gradually real官网—亚博国际在线娱乐会所

ize the common prosperity of the entire population and the national objective was to build a wealthy, p官网—亚博国际在线娱乐会所

owerful, democratic, culturally advanced, harmonious and modernized social country.

The achievements of China did not happen by accident, they w官网—亚博国际在线娱乐会所品茶微信

ere determined by the combinations of many factors, including the reforms and op

ening up phase started in 1978 which was crucial for national renewal and the socialist modernization of China.官网—亚博国际在线娱乐会所

In the next phase, starting from the 70th anniversary, to realize the great rev

ival of the Chinese nation is to let the Chinese people h官网—亚博国际在线娱乐会所品茶微信ave more and better education, stab

le employment, better health care, more comfortable and affordable living conditions, a more beautiful en

vironment and to have future generations develop better, work better and live better.

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Though no evidence官网—亚博国际在线娱乐夜生活olitical influence” w

was found by the review, it said the Confucius Institute established within the depa

rtment “is or could be facilitating inappropriate foreign influence in the department”.官网—亚博国际在线娱乐夜生活女神会所

The department said it had decided to end its cooperation with the Confucius Institute p

官网—亚博国际在线娱乐夜生活rogram at the end of the 2019 school year, which would terminate the Confucius Classroo

m program in 13 public schools across Sydney and on NSW’s mid-north coast.

Instead, the NSW Department of Education will invest A$1.2 million ($810,000) to con官网—亚博国际在线娱乐夜生活

tinue teaching the Chinese language in the 13 schools, it said, adding that 15 per

cent of the pupils learning Chinese in NSW public schools were doing so in Confucius Classrooms.

官网—亚博国际在线娱乐夜生活女神会所The Confucius Institute Headquarters, which is bas

ed in Beijing, said the program was established in the spirit of m

utual respect, friendly consultation, equality and reciprocity. It also said the cooper

ation involved was open and transparent and adhered to laws and regulations.官网—亚博国际在线娱乐夜生活

The program had made an important contribution to bilat

eral cultural and educational exchanges and the promotion of mutua

l understanding and friendship, which had been welcomed by local residents, it said.官网—亚博国际在线娱乐夜生活

“We noticed that the NSW Education Department

官网—亚博国际在线娱乐夜生活said it will continue to strengthen Chinese-language education, and we ho

pe the NSW side will take a more objective view of the Confucius Institute,” it said.官网—亚博国际在线娱乐夜生活女神会所

Foreign Ministry spokesman Geng Shuang said on Friday that the NSW side had not consult

ed the Chinese side before making the decision to end the program, which was disrespectful an官网—亚博国际在线娱乐夜生活

d unfair to local students and not conducive to bilateral people-to-people exchanges.

The Confucius Institute program was established by the NSW Department of Education and Jiang官网—亚博国际在线娱乐夜生活女神会所

su Provincial Education Department in 2012 at the request by the NSW side, Geng said.

“We hope the Australian side will respect their Chinese partn

er and do more things to strengthen mutual trust,” he said.

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According to market 官网—亚博国际在线娱乐千花网cy iiMedia Research

?percent of consumption in China occurs at night. In the past three years

, the country’s nighttime consumption has grown by 17 percent on average.官网—亚博国际在线娱乐千花网女神会所

Authorities nationwide recently unveiled plans to “light up” cities after dusk. In Beijing, a series of policies were rolled

官网—亚博国际在线娱乐千花网out last month to encourage after-dusk economic activities, including extending the oper

ating hours of several subway lines every Friday, Saturday and Sunday, and later closi

ng hours at tourist spots, museums, sports grounds and art galleries.Longer hours官网—亚博国际在线娱乐千花网女神会所

This month, Shanghai announced a list of cultural activities and tour routes, with 10

5 scenic spots, art galleries, museums and memorials across the city extending their

官网—亚博国际在线娱乐千花网business hours, or presenting special late-night shows or night-tour programs.

Convenience store chain Bianlifeng, which was established in Dece

mber 2016, has already benefited from 24-hour operation at all its more than 800 outlets.官网—亚博国际在线娱乐千花网

Zhou Zhou, director of the company’s daily distribution operation

s, said nighttime consumption has great potential, and all Bianlifeng outlets have

官网—亚博国际在线娱乐千花网女神会所performed well after dusk. He cited a store near the Third North Ring Road in Bei

jing, whose post-10 pm sales account for about 30 percent of those for the entire day.

“In areas such as Zhongguancun, where there are many internet enterprises, convenie官网—亚博国际在线娱乐千花网

nce stores act as late-night canteens for company employees who frequently work late,”

he said. “In some stores, the number of consumers at about midnight will account for 25官网—亚博国际在线娱乐千花网女神会所

percent of the peak in the daytime. A majority of them are born after the 1990s.”

However, Zhou said that while nighttime consumption in the bustling business district is strong, in s官网—亚博国际在线娱乐千花网

ome communities, people are still not aware of the benefits of buying after dark.

Jiang said China has obvious advantages in developing it官网—亚博国际在线娱乐千花网女神会所

s nighttime economy, with high security levels in cities at nig

ht and a large number of consumers. But such development is still in the early stages.

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Railway service at vari官网—亚博国际在线娱乐千花坊ns resumed alon

e Kwun Tong Line, including Kwun Tong, Ngau Tau Kok and Kowloon Bay stations, and most local store

s reopened. Black, abusive graffiti scrawled on roads and walls of buildings were a grim reminder of官网—亚博国际在线娱乐千花坊

Saturday’s violence, which had shattered the previous weekend’s relative calm.

官网—亚博国际在线娱乐千花坊品茶微信In Kowloon Bay on Sunday, the scene of fierce clashes between dem

onstrators and police, a sea of refuse left by protesters-including broken umbrellas an

d dismantled barricades-had been cleared up by workers and stood piled on roadsides.官网—亚博国际在线娱乐千花坊

Some of the “smart” lampposts on Sheung Yuet Road vandalized on Saturday were now protected by traffic cones.

官网—亚博国际在线娱乐千花坊Black-clad, masked protesters had sawed off the new lampposts on Satur

day. City officials said each “smart” lamppost cost about HK$140,000($17,850).

Residents were enraged. A security guard at a building on Tai Yip Street-the官网—亚博国际在线娱乐千花坊品茶微信

scene of violent rioting on Saturday-said the building and some nearby shops and

garages were closed on Saturday, and some remained closed on Sunday.官网—亚博国际在线娱乐千花坊

“Some protesters put up roadblocks with metal barricades and bamboo

poles on the streets, and we had to pull down the shutters for safety,” the guard said.

官网—亚博国际在线娱乐千花坊品茶微信In Kowloon Bay, Tso Tat-ming, a 60-year-old taxi driver, denounced radical prote

sters who resorted to violence to force the government to meet their demands.

He lamented that not only his business had suffered but also retail and tourism industries w官网—亚博国际在线娱乐千花坊

ere badly hit. Tso said he had been earning about HK$5,000 to HK$6,000 less monthly recently.

“Some residents are scared seeing the protesters blocking main roads and tunnels with their guerilla-style tactics,” he s

官网—亚博国际在线娱乐千花坊品茶微信aid, adding that some residents who had tried to reason with the protesters had been attacked.

“Hong Kong is my home. I hope you (radical protesters) don’t put the city in jeopardy,” Tso said.

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concern about mut官网—亚博国际在线娱乐龙凤t, security environm

?Japanese Prime Minister Shinzo Abe on Friday urged South Korea to keep its promises afte

r Seoul decided to terminate a key intelligence-sharing pact between the two countries.官网—亚博国际在线娱乐龙凤女神会所

“Regrettably, South Korea is continuing to hurt relations of trust,”

官网—亚博国际在线娱乐龙凤Abe told reporters, adding that Seoul had also unilaterally carried out actions that run contra

ry to an accord inked between the two countries in 1965 aimed at settling an ongoing wartime labor dispute.

Separately, Japan’s Defense Minister Takeshi Iwaya said on Friday that the decision by South Korea was “d官网—亚博国际在线娱乐龙凤女神会所

isappointing” and that he believed that the present security environment had been “completely misread” by South Korea.

Iwaya added that Japan will continue to ask South Korea to “reconsider” its decision not to extend the General Security

of Military Information Agreement (GSOMIA) beyond its expiration in November.官网—亚博国际在线娱乐龙凤

His remarks came after Seoul said a day earlier that the intelligence-sharing pact will not be extended owing to Tokyo’s tightening o

f export controls on materials vital to the South Korean technology industry.

官网—亚博国际在线娱乐龙凤女神会所It has created a “grave change” in conditions for bila

teral security cooperation, Seoul said, as reported by local media.

Japan’s Foreign Ministry confirmed Friday that South Korea ha官网—亚博国际在线娱乐龙凤

s officially notified Tokyo that it will terminate the pact between both countries.

The GSOMIA pact between both sides, signed in 2016, has enabled the two neighbors to sha官网—亚博国际在线娱乐龙凤女神会所

re military information and has helped both sides to counter potential regional threats.

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STAR stocks then regist官网—亚博国际在线娱乐夜网d robust gains despi

ite the weak performance of the main board. The gain momentum

was broken in the third trading week, when prices of STAR stocks fell by 10.5 perce官网—亚博国际在线娱乐夜网女神会所

nt on average, according to financial information provide Wind Info.

官网—亚博国际在线娱乐夜网On Thursday, prices of STAR stocks fell by 1.9 percent on average.

“The overall performance of the STAR Market saw the full pricing-in of opinions from bulls and

bears, an uptrend with fluctuations, and a return to rationality,” the SSE said in the announcement.官网—亚博国际在线娱乐夜网女神会所

Relaxed price fluctuation limits have enabled the STAR Mark

官网—亚博国际在线娱乐夜网et stocks to be more timely priced, leading to higher pr

icing efficiency than the main board, according to analysts from Shenwan Hongyuan Securities.

Securities regulators lifted price fluctuation limits for STAR stocks in their first five trading days, and thereafter a 20 p官网—亚博国际在线娱乐夜网

ercent daily price fluctuation limit is effective, versus a 10 percent limit on the main board.

官网—亚博国际在线娱乐夜网女神会所Analysts expect trading on the STAR Market to become more rational in the medium term, with

valuation levels to better reflect company fundamentals. Firms with strong fundamentals may su

stain high valuations, while weaker ones may see a marked divergence in stock price performance.官网—亚博国际在线娱乐夜网

The market-oriented initial public offering mechanism of the STAR Market,

or the registration-based IPO system, also showed its effect, with the 28 STAR list官网—亚博国际在线娱乐夜网女神会所

ings’ price-to-earnings ratios of offer price varying from 18 to 269, according to SSE data.

This marked a difference from the main board, where almost all new offerings are p官网—亚博国际在线娱乐夜网

riced at a maximum of 23 times earnings under the approval-based IPO system.

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We’ve found some p 官网—亚博国际在线娱乐龙凤1314e’s legitimate rights hav

e been seriously harmed in recent years after their personal information was leaked, abused

or improperly collected, so we’ve paid a lot of attention to solving the problem through legislation,” he said.?官网—亚博国际在线娱乐龙凤1314女神会所

China has already enacted several laws, regulations and rules rela

?官网—亚博国际在线娱乐龙凤1314ting to the issue, such as the Criminal Law and the Cybersecurity Law, according to him.

Asked whether China would legalize same-sex marriage at the news con

ference, he said Chinese law only allowed for marriage between a man and a woman.?官网—亚博国际在线娱乐龙凤1314女神会所

“This rule suits our country’s national condition and historical and cultural traditions,” he said. “As far as I know, a majo

rity of countries in the world don’t recognize the legalization of same-sex marriage.”

Besides Zang, director of the commission’s research department, Yue Zhong?官网—亚博国际在线娱乐龙凤1314

ming, director of its legislative planning department, was also named as the spokesperson.

At Wednesday’s conference, Zang added that he and his colleagues would like to answ

er legislative questions from the public and increase communication with the public.?官网—亚博国际在线娱乐龙凤1314女神会所

China’s State Council made a series of arrangements Wednesday on expanding elderly care services.

According to a State Council executive meeting chaired by Premier Li Keqiang, demand-oriented development of elderly car

?官网—亚博国际在线娱乐龙凤1314e services is a key measure to improve the quality of life for the aging population.

Efforts will be made to develop a variety of home-based elderly care services supported

by communities, including aids in terms of dining, health care, travel and cleaning, the meeting noted.?官网—亚博国际在线娱乐龙凤1314女神会所

Non-governmental institutions will be encouraged to develop touris

m, health care and other services suitable for the consumption of elderly people.

The country will further support the development of commercial endowment insurance and e?官网—亚博国际在线娱乐龙凤1314

stablish a long-term care system which links insurance, welfare and aid, according to the meeting.

The meeting also decided to step up supervision over the quality of products and services for?官网—亚博国际在线娱乐龙凤1314女神会所

aged people, and sternly punish those that violate the rights and interests of the senior citizens.

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